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Side-by-side financial comparison of Clarus Corp (CLAR) and Acushnet Holdings Corp. (GOLF). Click either name above to swap in a different company.

Acushnet Holdings Corp. is the larger business by last-quarter revenue ($477.2M vs $65.4M, roughly 7.3× Clarus Corp). Acushnet Holdings Corp. runs the higher net margin — -7.3% vs -47.8%, a 40.5% gap on every dollar of revenue. On growth, Acushnet Holdings Corp. posted the faster year-over-year revenue change (7.2% vs -8.4%). Clarus Corp produced more free cash flow last quarter ($11.6M vs $-23.3M). Over the past eight quarters, Clarus Corp's revenue compounded faster (-2.9% CAGR vs -17.9%).

Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.

The Acushnet Company is an American company focused on the golf market. The company operates a series of brands that manufacture golf equipment, clothing and accessories.

CLAR vs GOLF — Head-to-Head

Bigger by revenue
GOLF
GOLF
7.3× larger
GOLF
$477.2M
$65.4M
CLAR
Growing faster (revenue YoY)
GOLF
GOLF
+15.6% gap
GOLF
7.2%
-8.4%
CLAR
Higher net margin
GOLF
GOLF
40.5% more per $
GOLF
-7.3%
-47.8%
CLAR
More free cash flow
CLAR
CLAR
$34.9M more FCF
CLAR
$11.6M
$-23.3M
GOLF
Faster 2-yr revenue CAGR
CLAR
CLAR
Annualised
CLAR
-2.9%
-17.9%
GOLF

Income Statement — Q4 2025 vs Q4 2025

Metric
CLAR
CLAR
GOLF
GOLF
Revenue
$65.4M
$477.2M
Net Profit
$-31.3M
$-34.9M
Gross Margin
27.7%
44.1%
Operating Margin
-59.6%
-3.8%
Net Margin
-47.8%
-7.3%
Revenue YoY
-8.4%
7.2%
Net Profit YoY
52.3%
-3027.3%
EPS (diluted)
$-0.81
$-0.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CLAR
CLAR
GOLF
GOLF
Q4 25
$65.4M
$477.2M
Q3 25
$69.3M
$657.7M
Q2 25
$55.2M
$720.5M
Q1 25
$60.4M
$703.4M
Q4 24
$71.4M
$445.2M
Q3 24
$67.1M
$620.5M
Q2 24
$56.5M
$683.9M
Q1 24
$69.3M
$707.6M
Net Profit
CLAR
CLAR
GOLF
GOLF
Q4 25
$-31.3M
$-34.9M
Q3 25
$-1.6M
$48.5M
Q2 25
$-8.4M
$75.6M
Q1 25
$-5.2M
$99.4M
Q4 24
$-65.5M
$-1.1M
Q3 24
$-3.2M
$56.2M
Q2 24
$-5.5M
$71.4M
Q1 24
$21.9M
$87.8M
Gross Margin
CLAR
CLAR
GOLF
GOLF
Q4 25
27.7%
44.1%
Q3 25
35.1%
48.5%
Q2 25
35.6%
49.2%
Q1 25
34.4%
47.9%
Q4 24
33.4%
22.6%
Q3 24
35.0%
54.4%
Q2 24
36.1%
54.4%
Q1 24
35.9%
53.4%
Operating Margin
CLAR
CLAR
GOLF
GOLF
Q4 25
-59.6%
-3.8%
Q3 25
-4.4%
14.1%
Q2 25
-19.7%
15.2%
Q1 25
-11.2%
16.3%
Q4 24
-70.2%
-1.2%
Q3 24
-8.0%
13.2%
Q2 24
-14.4%
15.5%
Q1 24
-9.8%
17.2%
Net Margin
CLAR
CLAR
GOLF
GOLF
Q4 25
-47.8%
-7.3%
Q3 25
-2.3%
7.4%
Q2 25
-15.3%
10.5%
Q1 25
-8.7%
14.1%
Q4 24
-91.8%
-0.3%
Q3 24
-4.7%
9.1%
Q2 24
-9.7%
10.4%
Q1 24
31.6%
12.4%
EPS (diluted)
CLAR
CLAR
GOLF
GOLF
Q4 25
$-0.81
$-0.57
Q3 25
$-0.04
$0.81
Q2 25
$-0.22
$1.25
Q1 25
$-0.14
$1.62
Q4 24
$-1.72
$0.02
Q3 24
$-0.08
$0.89
Q2 24
$-0.14
$1.11
Q1 24
$0.57
$1.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLAR
CLAR
GOLF
GOLF
Cash + ST InvestmentsLiquidity on hand
$36.7M
Total DebtLower is stronger
$0
$926.2M
Stockholders' EquityBook value
$196.4M
$783.6M
Total Assets
$249.0M
$2.3B
Debt / EquityLower = less leverage
0.00×
1.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLAR
CLAR
GOLF
GOLF
Q4 25
$36.7M
Q3 25
$29.5M
Q2 25
$28.5M
Q1 25
$41.3M
Q4 24
$45.4M
Q3 24
$36.4M
Q2 24
$46.2M
Q1 24
$47.5M
Total Debt
CLAR
CLAR
GOLF
GOLF
Q4 25
$0
$926.2M
Q3 25
$2.0M
Q2 25
$1.9M
Q1 25
$1.9M
Q4 24
$1.9M
$753.1M
Q3 24
Q2 24
Q1 24
$37.0K
Stockholders' Equity
CLAR
CLAR
GOLF
GOLF
Q4 25
$196.4M
$783.6M
Q3 25
$225.8M
$852.3M
Q2 25
$225.1M
$808.5M
Q1 25
$229.3M
$780.3M
Q4 24
$233.1M
$765.2M
Q3 24
$308.5M
$863.9M
Q2 24
$307.3M
$863.7M
Q1 24
$310.4M
$883.7M
Total Assets
CLAR
CLAR
GOLF
GOLF
Q4 25
$249.0M
$2.3B
Q3 25
$283.1M
$2.4B
Q2 25
$286.5M
$2.4B
Q1 25
$292.8M
$2.4B
Q4 24
$294.1M
$2.2B
Q3 24
$375.3M
$2.3B
Q2 24
$369.4M
$2.3B
Q1 24
$377.0M
$2.4B
Debt / Equity
CLAR
CLAR
GOLF
GOLF
Q4 25
0.00×
1.18×
Q3 25
0.01×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.01×
0.98×
Q3 24
Q2 24
Q1 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CLAR
CLAR
GOLF
GOLF
Operating Cash FlowLast quarter
$12.5M
$-338.0K
Free Cash FlowOCF − Capex
$11.6M
$-23.3M
FCF MarginFCF / Revenue
17.7%
-4.9%
Capex IntensityCapex / Revenue
1.4%
4.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-9.9M
$120.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLAR
CLAR
GOLF
GOLF
Q4 25
$12.5M
$-338.0K
Q3 25
$-5.7M
$163.1M
Q2 25
$-9.4M
$151.9M
Q1 25
$-2.1M
$-120.3M
Q4 24
$16.6M
$-1.1M
Q3 24
$-8.3M
$144.1M
Q2 24
$834.0K
$211.6M
Q1 24
$-16.4M
$-109.5M
Free Cash Flow
CLAR
CLAR
GOLF
GOLF
Q4 25
$11.6M
$-23.3M
Q3 25
$-7.0M
$136.9M
Q2 25
$-11.3M
$138.0M
Q1 25
$-3.3M
$-131.5M
Q4 24
$14.4M
$-33.2M
Q3 24
$-9.4M
$123.7M
Q2 24
$-744.0K
$196.8M
Q1 24
$-18.3M
$-116.8M
FCF Margin
CLAR
CLAR
GOLF
GOLF
Q4 25
17.7%
-4.9%
Q3 25
-10.0%
20.8%
Q2 25
-20.4%
19.2%
Q1 25
-5.4%
-18.7%
Q4 24
20.1%
-7.5%
Q3 24
-14.0%
19.9%
Q2 24
-1.3%
28.8%
Q1 24
-26.3%
-16.5%
Capex Intensity
CLAR
CLAR
GOLF
GOLF
Q4 25
1.4%
4.8%
Q3 25
1.8%
4.0%
Q2 25
3.4%
1.9%
Q1 25
2.0%
1.6%
Q4 24
3.1%
7.2%
Q3 24
1.6%
3.3%
Q2 24
2.8%
2.2%
Q1 24
2.7%
1.0%
Cash Conversion
CLAR
CLAR
GOLF
GOLF
Q4 25
Q3 25
3.36×
Q2 25
2.01×
Q1 25
-1.21×
Q4 24
Q3 24
2.56×
Q2 24
2.96×
Q1 24
-0.75×
-1.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CLAR
CLAR

Other$37.1M57%
Outdoor Segment$25.3M39%
Adventure Segment$3.0M5%

GOLF
GOLF

Titleist Golf Equipment$293.8M62%
Footjoy Golf Wear$102.0M21%
Other$45.3M9%
Golf Gear$36.1M8%

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